Broker Review

EFT Markets Review

General Information

With a primary vision to unleash your trading potential through cutting-edge technology and financial proficiency, EFT Markets stands as an increasingly popular financial services provider, that is offering access to ECN trading conditions. Clients across the world, except for the United States of America and Japan, have the opportunity to invest in over 1,000 assets, including forex, stocks, commodities, indices, and most importantly, cryptocurrencies.

Alt-text: EFT Markets logo

Proprietary trading software, a broad selection of crypto assets, plenty of educational resources, and professional customer support are just some of the promising features we will describe in this EFT Markets Review.

Trading Platforms

Since most online traders pay close attention to the trading software, this will be the main focus of the current material. One of the key things to mention is that EFT Markets relies on a web-based platform and a mobile app. Frontrader is the result of research and development aimed at creating a simple yet optimal trading platform that can suit the needs of both beginners and professional traders.

Alt-text: EFT Markets platform

There are multiple reasons to believe it is a good platform to trade with, including the integration of TradingView charts, CNBC live market news, one-click execution, asset alerts, the ability to make deposits from the platform or contact the customer support service via live chat.

Applying technical analysis with this platform would be an optimized experience, thanks to all the features built into it. TradingView is currently a top-charting provider and with a strong reputation, the EFT Markets platform, and customers, both benefiting heavily.

Multi-functional, versatile, fast, and accurate, are just some of the qualities of the Frontrader. The ultimate decision will be up to you, but our analysis concluded it has everything to get involved in the markets with maximum ease.

EFT Markets Trading App

Alongside the web-based platform, EFT Markets also offers access to a mobile trading app, currently compatible with Android devices. On a smartphone or tablet, you can enjoy all the trading features available on desktop, from anywhere in the world, as long as an internet connection is granted.

EFT Markets trading app

The EFT Markets Trading App is lightweight, responsive, and comes with multiple security features to keep both personal funds and private data safe all the time. Mobile trading means that traders should be able to monitor existing trades, find new opportunities, or adjust market exposure at any point, without any major inconveniences. It’s good to see this app manages to do all of the above.

Cryptocurrency Trading

The good news is that the EFT Markets offer includes cryptocurrencies like Bitcoin, Ether, Litecoin, XRP, Ethereum Classic, Cardano, Tron, Stellar, Monero, Bitcoin Cash, EOS, Tezos, and plenty of other altcoins that have been popular in the past several years. To ensure ample liquidity conditions, EFT Markets supports cryptocurrency instruments denominated in Tether, Bitcoin, and Ether.

In doing so, the broker makes sure clients have access to accurate market rates and can get in or out of the market without major inconveniences. With tens of different cryptocurrency instruments supported, traders can build a portfolio of instruments and find opportunities in altcoins that in 2020 had outperformed Bitcoin by a wide margin.

Because it has a diversified trading offer, you can choose from 5 different EFT Markets accounts, each with different trading conditions. Depending on the account type chosen, the leverage can fluctuate between 1:200 and 1:400. EFT Markets also offers 25%-100% margin, daily news, access to a Trading Academy, account manager, 24/6 support, and weekly portfolio progress report.

Upgraded accounts will benefit from premium trading features like weekly 1 on 1 with a market analyst, managed portfolio, up to 50% discount on commission, super tight spreads, invites to VIP events, and many others. To fund an account, you can use a credit/debit card, BPay, bank wire, for fiat deposits. At the same time, EFT Markets accepts deposits in Tether, Bitcoin, or Ether.

Summary

EFT Markets is a financial services provider offering access to reliable trading software and a broad selection of cryptocurrencies, all part of a larger ecosystem built to enhance cryptocurrency trading capabilities. The broker has a customer-oriented approach, considering the support service is available 24/6 via phone, email, or live chat. As seen in our review, multiple trading functionalities are making EFT Markets a reliable partner to trade with.

EFT Markets Review

Product Name: EFT Markets

Product Description: With a primary vision to unleash your trading potential through cutting-edge technology and financial proficiency, EFT Markets stands as an increasingly popular financial services provider, that is offering access to ECN trading conditions. Clients across the world, except for the United States of America and Japan, have the opportunity to invest in over 1,000 assets, including forex, stocks, commodities, indices, and most importantly, cryptocurrencies.

Brand: eft markets

Offer price: 100$

Currency: USD / EUR / GBP

Offer URL: https://eftmarkets.com/

  • Trading Platform
  • Languages
  • Account types
  • Support
4.1

Summary

EFT Markets is a financial services provider offering access to reliable trading software and a broad selection of cryptocurrencies, all part of a larger ecosystem built to enhance cryptocurrency trading capabilities.

Pros

  • Simple yet effective trading software, with a web-based interface and mobile support.
  • More than 1,000 different assets available to trade, including tens of different cryptocurrencies.
  • Access to multiple trading features and functionalities, depending on the account type chosen.
  • Client support via email, phone, or live chat, available 24 hours a day, 6 days a week.

Cons

  • The mobile app is only available for Android devices, with no support for iOS at the time of writing.
  • Limited features are available for Standard Account holders.

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